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Companies House Stitch Up

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    Companies House Stitch Up

    Not a good day, I've had a company I wanted dissolved and I receive a letter today from companies house that the company will be dissolved today - what notice is that I left as advised a few hundred pounds in the account in case of any bills etc that may have been overlooked and waited for notice to be given by companies house of the date before withdrawing it. I had already taken the bulk of the remaining capital.

    However, Companies House told my bank LAST WEEK before even notifying me to freeze the account and have confiscated the last remaining funds, probably for their Christmas party.

    I've phoned companies house and despite it being their fault they tell me that I have to pay their solicitors to sort it out.

    I'm not happy

    #2
    How dodgy is that then?

    Take the feckers to court and then get it announced on the BBC that you won

    I wonder if you can try the small claims court on these guys? But certainly go and get yourself some proper legal advice so you can get this sorted ASAP.

    Mailman

    Comment


      #3
      Sue your accountant

      Your accountants should have made you aware of this as its not exactly an unknown consequence of striking-off your company.

      Comment


        #4
        Its not the acountants fault, I took their instructions to withdraw funds much sooner but leave some money in case of unforeseen bills etc. The accountants were notified the same time as me that basically the dissolvement had already happened before we were notified.

        The issue is being escalated especially after the Treasury Solicitor basically said I would have to fight for the money so I will. I like a fight.

        Comment


          #5
          Is it worth it ?

          Originally posted by privateeye
          Its not the acountants fault, I took their instructions to withdraw funds much sooner but leave some money in case of unforeseen bills etc. The accountants were notified the same time as me that basically the dissolvement had already happened before we were notified.

          The issue is being escalated especially after the Treasury Solicitor basically said I would have to fight for the money so I will. I like a fight.

          The cost of reinstating a company at companies House can cost £800 upwards in legal fees, there are many companies out there that specialise in this area. I would go with one of them rather than a normal solicitors firm.

          Incidentally, the money sitting in the company bank account, if you get this back will you treat it as a dividend on your tax return?

          Comment


            #6
            Originally posted by Robot
            Incidentally, the money sitting in the company bank account, if you get this back will you treat it as a dividend on your tax return?
            It would have been part of the capital distribution as already agreed with the IR - I have instructions where it will apear on the tax return but that letter is not to hand at the moment. I will go via the standard complaints procedure first and send in copies of all documentation - including copy of letter instructing bank to freeze the account which is dated one week in advance of the letter I received.

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              #7
              eh?

              I clsoed down a company 6 months ago and my bank account hasn't been frozen......how do you pay final tax bills etc?

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                #8
                Originally posted by Underscore2
                I clsoed down a company 6 months ago and my bank account hasn't been frozen......how do you pay final tax bills etc?
                Surely you can always pay from your personal account?

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                  #9
                  Originally posted by Underscore2
                  I clsoed down a company 6 months ago and my bank account hasn't been frozen......how do you pay final tax bills etc?

                  What final bills? I'm sure if you owed the Inland Revenue money they would object to the company being struck-off !

                  Surely your accountant should have given you a balance sheet that showed the company's final liabilities and you should have paid them before submitting the 652A.
                  Last edited by Robot; 14 December 2005, 20:15.

                  Comment


                    #10
                    You pay the final bills before the company's closed, not afterwards. As far as HMCR goes, they don't care less what bank account the money comes from as long as they get it.

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